Methods and systems for monitoring a plurality of components of a pump in an industrial environment include a data acquisition circuit structured to interpret a plurality of detection values, each of the plurality of detection values corresponding to at least one of a plurality of input sensors operationally coupled to the pump and communicatively coupled to the data acquisition circuit; a data processing circuit structured to utilize at least one of the plurality of detection values to perform at least one noise processing operation on at least a portion of the plurality of detection values; a signal evaluation circuit structured to determine a pump performance parameter in response to the noise processed plurality portion of the plurality of detection values; and a response circuit structured to perform at least one operation in response to the pump performance parameter.